Citadel Securities calls for SEC oversight of equity-linked event contracts

Citadel Securities Wants SEC Oversight of Company-Linked Prediction Bets

Citadel Securities asked US regulators yesterday (Wednesday) to keep equity event contracts and perpetuals under securities rules. It told the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) that CFTC self-certification can bypass SEC review.A CFTC-regulated exchange can self-certify a product and begin trading as soon as the next business day. An SEC-regulated options exchange generally must publish its …

Citadel Securities calls for SEC oversight of equity-linked event contracts

Citadel's push for SEC oversight highlights the need for robust regulation to ensure market stability and investor protection amid evolving derivatives.